TOKYO, Apr 01 (Pulse News Wire) – Jade Group,inc. (3558.T) resolved at its board meeting held on April 01, 2026, to distribute own shares as part of an employee incentive plan.
The distribution will take place on April 20, 2026, involving ordinary shares totaling 300,000. Each share will be sold at ¥1,473 per share, resulting in a total amount of ¥441.9 million. The shares will be transferred to Japan Master Trust Banking Co., Ltd. (Equity Granting ESOP Trust Account). This self-share distribution is aimed at enhancing employees' motivation towards contributing to the company's value and securing high-quality talent within the group companies. It also seeks to ensure long-term retention of key personnel.
The number of shares distributed corresponds to the anticipated allocation to eligible employees during the trust period, which represents a dilution ratio of 2.61% based on the outstanding shares of 11,487,360 as of February 28, 2026, or 2.90% based on the total voting rights of 103,533 as of the same date. The company believes this distribution will have a minor impact on the trading market due to the gradual release of shares to employees according to the equity grant schedule. The ESOP trust agreement will be signed with Mitsubishi UFJ Trust and Banking Corporation, with Japan Master Trust Banking Co., Ltd. serving as a co-trustee. The trust will commence operations on February 28, 2026 and run until the end of April 2033. Beneficiaries will be determined based on eligibility criteria set forth in the trust regulations.
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